XAUUSD - Price action has been forming a Bearish market structure and has failed to break above 2036.165.
With high impact news coming later today I expect the USD Bulls to take charge once again and push the price of Gold lower to our intended Target Highlighted.
The wicks at 2036.165 shows us a clear indication that this commodity if overprice and will see some downside movement.
Trade safe as high impact news coming today and throughout the rest of the week. [b]